12 Plex 9 Apts 3 Commercial Units
Location Ontario,Canada
Asking Price Range $250K - $500K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2000
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Description 12 plex 9 apartments 3 commercial units in Lucknow. Income property in Lucknow, north of London, north west of Kitchener-Waterloo, south of Kincardine. 3 buildings side by side; 12 rental units in total, 9 apartments (1 one bdrm, 1 three bdrm 2 baths, 7 two bdrm), all but one have laundry hookups, 3 commercial storefronts (400 sf and 800 sf and 600 sf); stores with air conditioning and two piece restrooms (stores can be joined together or kept separate).
All units with own hydro meters and hot water tanks. Municipal water and sewer cost included in taxes. Modernized units with electrical, plumbing and window upgrades; older architecturally unique building. Low vacancy rate. Parking, storage shed and deck. Front and rear entrance. Good net income. Property taxes $7,482. Asking price $390,000 REDUCED
Andrew Sobczak
Broker of Record
On Georgian Bay Real Estate Inc.
Real Estate Brokerage
RR2, Box 174, Victoria Harbour, ON, L0K 2A0
phone 705 543 1341
Click Here To Contact Seller
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